Your browser is no longer supported

For the best possible experience using our website we recommend you upgrade to the newest version of your browser.

Your browser appears to have cookies disabled. For the best experience of Construction News, please enable cookies in your browser.

Welcome to the Construction News site. As we have relaunched, you will have to sign in once now and agree for us to use cookies, so you won't need to log in each time you visit our site.
Learn more

Scottish contractor ERDC Group ceases trading

Administrators KPMG today took the decision cease trading at ERDC Group, two weeks after it took over the running of the firm.

Blair Nimmo and Gary Fraser of KPMG were appointed joint administrators to ERDC Group on 18 November 2010.

ERDC Group is a well-known and established building contractor and was founded in 1955. It operated from its headquarters in Newbridge, Midlothian, Scotland. 

The company operated three divisions comprising civil engineering, building and sports surfacing and had a well-established client base.

The administration is a result of the well publicised difficulties in the construction sector leading to a marked reduction in tender activity, a delay in some large projects and persistent difficulties in obtaining payment from customers. 

The joint administrators understand that, at its peak in 2006, the company operated with around 200 employees and at the time of the joint administrators’ appointment employee numbers had reduced to 79.  

It has ceased trading with 73 employees made redundant – six employees have been retained to assist the joint administrators in realising the company’s business and assets.

The joint administrators are in the process of assessing the company’s financial position before looking to maximise realisations for the benefit of all creditors.

Have your say

You must sign in to make a comment

Please remember that the submission of any material is governed by our Terms and Conditions and by submitting material you confirm your agreement to these Terms and Conditions. Links may be included in your comments but HTML is not permitted.